The government recently conducted a consultation engaging employers and training providers on their concerns about apprenticeship funding.  The changes proposed during the consultation have resulted in a big shake-up of apprenticeship funding band rules.

There were loads of small tweaks to the funding rules that might pique the interest of employers and training providers, such as the £1,000 apprenticeship bursary for care leavers and new support for training providers training apprentices with mental health issues and other special considerations. But by far the biggest change resulting from the consultation was a doubling of the number funding bands from 15 to 30. The new funding band table is as follows:

Funding Band Upper Limit
1 £1,500
2 £2,000
3 £2,500
4 £3,000
5 £3,500
6 £4,000
7 £4,500
8 £5,000
9 £6,000
10 £7,000
11 £8,000
12 £9,000
13 £10,000
14 £11,000
15 £12,000
16 £13,000
17 £14,000
18 £15,000
19 £16,000
20 £17,000
21 £18,000
22 £19,000
23 £20,000
24 £21,000
25 £22,000
26 £23,000
27 £24,000
28 £25,000
29 £26,000
30 £27,000

 

Quite a doozy, isn’t it? Well, don’t be intimated. Here’s what you really need to know:

  • The new funding bands take effect on 1 August 2018.
  • New standards will be incorporated into the new 30 band structure.
  • Existing standards will be placed in the new funding band structure at the same level.

When setting up an apprenticeship programme, employers are expected to negotiate prices with training providers and end-point assessment organisations (EPAOs). According to the consultation, employers felt they could not effectively negotiate prices with training providers with the current funding band model. There seemed to be a general impression that funding band caps were the ‘rate’ set by the government.  Introducing more funding bands will allow for more varied and flexible negotiations between employers, training providers and EPAOs.

TQUK EPA

Any and all contracts between TQUK EPA, training providers and employers under the old funding rules will remain in place.

TQUK EPA continues to offer the most competitively priced end-point assessment service on the market. With the new funding bands comes a new opportunity for employers to maximise value for money. We relish the opportunity to show how we can bring costs down, raise quality up and establish prices that work for everyone.

TQUK EPA will be updating our website in due course to reflect the new changes. For more information on TQUK EPA’s individual standards, visit our Sectors page or click on one of our approved standards below.

 

Adult Care Worker

Lead Adult Care Worker

Senior Healthcare Support Worker

Healthcare Support Worker

Healthcare Assistant Practitioner

Hospitality Team Member

Hospitality Supervisor

Commis Chef

Business Administrator

Customer Service Practitioner

Operations/Departmental Manager

Team Leader/Supervisor

Hair Professional

HR Support

HR Consultant

 

If you have any questions, you can call TQUK EPA at 03333 583 344 or send an email to epa@tquk.org.

To keep up to date with the latest news in apprenticeships and further education, return to our blog or follow us on Twitter, Facebook, Instagram and LinkedIn.

See you around the Hive!

 

How TQUK Can Help You

The new apprenticeship standards are designed to improve upon what’s gone before and help with the apprentice’s initial journey into their chosen career, before you know it, they’ll be on the road to success.

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